BERLIN (AP) — Germany's finance minister said Wednesday that the government plans to make tax cuts worth more than 10 billion euros ($10.2 billion) to benefit broad sections of the population squeezed by high energy costs and inflation.
BERLIN (AP) — Germany's finance minister on Tuesday rejected calls by some in the country's governing parties to tax what they call “excessive profits” earned by oil companies since Russia's war in Ukraine spiked energy prices.
KOENIGSWINTER, Germany (AP) — The Group of Seven leading economies agreed Friday to provide $19.8 billion in economic aid to Ukraine to help keep tight finances from hindering its ability to defend itself from Russia’s invasion.
BERLIN (AP) — Voters backed the incumbent conservative governor and dealt a blow to Chancellor Olaf Scholz’s Social Democrats on Sunday in Germany’s most populous state, projections based on partial counts showed.
BERLIN (AP) — Germany's finance minister proposed a “crisis discount” Monday to dampen the impact of recent fuel price hikes due to the war in Ukraine.
The fuel subsidy proposed by Finance Minister Christian Lindner could see gas prices cut by more than 0.2 euros per liter (about $.08 a gallon), German media reported.
BERLIN (AP) — The German government on Monday approved 60 billion euros ($68 billion) in funding to be used for combating climate change and modernizing the country, a move that the new finance minister described as a “booster” for Europe's biggest economy.
BERLIN (AP) — Germany's pro-business Free Democrats on Sunday approved a deal to form a new government with two center-left parties, moving Chancellor-designate Olaf Scholz a step closer to taking office as the country's new leader this week.
BERLIN (AP) — Germany's pro-business Free Democrats on Monday became the last of three parties to back the start of formal coalition talks on forming a new government.
The Free Democrats leader, Christian Lindner, said the party's national executive unanimously agreed to take the step following weeks of informal talks with the center-left Social Democrats and the environmentalist Greens.